4 chapters · 79 sections in this title.
A.S.C.A. § 30.0201 Formation
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Any 3 or more persons of full age, a majority of whom shall be nationals of the United States, may incorporate themselves for the establishment of churches, colleges, seminaries, lyceums, libraries, fraternal lodges or societies, temperance societies, trade unions or other labor …
A.S.C.A. § 30.0202 Articles of incorporation-Contents-Filing
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(a) The incorporators shall adopt, sign, and acknowledge articles of incorporation stating the name by which the corporation shall be known, the location of its principal office or place of business, its business or objects, the number of trustees, directors, managers or other of…
A.S.C.A. § 30.0203 Articles of incorporation-Amendment
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Amendments to articles of incorporation may be filed and receive approval as provided in 30.0202 for articles, and the fee therefore shall be $5 in each instance, and no amendment may be effective until the same is approved and the fee therefor is paid. History: 1962, PL 7-20; 19…
A.S.C.A. § 30.0204 Corporate existence and powers
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(a) Upon filing of the articles, the persons signing and acknowledging the same, and their associates and successors, shall become a body corporate, with the name stated in the articles, and may sue and be sued. (b) The corporation may have a corporate seal, alterable at its plea…
A.S.C.A. § 30.0205 Liquidation
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Upon the dissolution or winding up of an eleemosynary corporation, after paying or adequately providing for the debts and obligations of the corporation, the officers or persons in charge of the liquidation shall divide the remaining assets among the members in accordance with th…